That Reuters is reporting that STM has a big deal that will substantially increase revenues in the second half of the year, is interesting from MVIS. The timing is familiar. That it may also involve lasers and "time of flight" sensors makes it even more interesting.
According to Reuters, STMicroelectronics has inked a deal with a tech biggie and that can generate substantial revenues in the second half of 2017. Tech experts and analysts believe that the company is none other than the Cupertino-based tech giant Apple. The company may supply iPhone 8 parts and that includes a component inside the iPhone 7 and iPhone 7 Plus. Reports have confirmed that Apple has placed a new type of proximity sensor at the front side of the phone.
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